CFTC to Host Cryptocurrency CEO Forum to Discuss Digital Asset Market Pilot Program

May 10: Iran’s Tasnim News Agency cites a military spokesperson as saying the country will respond to fresh enemy attacks with new weapons, a novel warfare approach and an unprecedented battlefield, warning foes will be “surprised.”

May 10 — South Korea’s Ministry of Land, Infrastructure and Transport reports 324 homebuyers used cryptocurrency sale proceeds to fund home purchases between February 10 and March 31. Of these buyers, 229 (roughly 70.7%) were aged 30–39—this group accounted for the largest share of declared crypto funds, totaling about 10.31 billion South Korean won (around $7.4 million). Notably, South Korea began separately listing virtual asset sale income in housing finance plans this year, a sign crypto gains are flowing into the real estate market. However, such funds make up only ~0.1% of total home purchase capital, so their overall impact remains limited.

On May 10, per Iran’s Tasnim News Agency: An Iranian military spokesperson stated that countries affected by U.S. sanctions on Iran will face “difficulties passing through the Strait of Hormuz.”

May 10th Market rebound drives continued on-chain activity growth. In the Solana ecosystem, OG meme coins TROLL and GIGA notched sharp gains, while Ethereum’s spotlight remains on tokens leveraging the Hook mechanism. Per GMGN data: - TROLL jumped 81.2% in the past 24 hours, with a market cap of $83.9M; - GIGA saw a 49.8% 24-hour surge, with a market cap of $37.13M; Meanwhile, Ethereum’s mainnet buzzes around Hook mechanism tokens. Among these, newly launched LOOP quickly hit a $3M market cap before retreating to $2.55M. Notably, its key innovation lets users lend out idle ETH from Uniswap V4 liquidity pools—ETH previously only used as trading capital. Leading token SATO neared its all-time high this morning, now with a $28.59M market cap and a 21.14% 24-hour gain.

May 10th Brief: Notable peace prospects have emerged in both the U.S.-Iran and Russia-Ukraine conflicts this week, sharply reducing geopolitical risks. Next week, watch closely for further de-escalation in both disputes. ### Key Macro Events (Next Week) - **Monday**: Senate confirmation hearing for Fed Chair-designate Kevin Wash (expected to take over from Jerome Powell on May 15) - **Tuesday**: - 1:15 PM ET: New York Fed President John Williams (FOMC permanent voter) participates in a monetary policy panel discussion - 8:15 PM ET: U.S. ADP Employment Change (week ending April 25) - 8:30 PM ET: U.S. April CPI data - **Wednesday**: - 4:30 AM ET: U.S. API Crude Oil Stock Change (week ending May 8) - 8:30 PM ET: U.S. April PPI (year-over-year, month-over-month) - **Friday**: - 5:30 AM ET: Fed Governor Raphael Bostic delivers a speech - 9:15 PM ET: U.S. April Industrial Production (month-over-month) ### U.S. Stock Market Update As of this Frida

May 10 (IRNA) — Iranian Ambassador to Armenia Khalil Shirgholami said Saturday that agreement with countries illegally aggressing Iran is possible if those nations shift to rational, logical policies and actions. Speaking in an interview with an Armenian TV station, Shirgholami noted U.S. and Israeli regime aggression against Iran makes clear Tehran will not be coerced into surrendering or accepting any party’s extreme demands through military force, pressure or threats. He added Iran is open to negotiating an agreement but requires clear U.S. assurances: acting rationally/logically and committing to no further military aggression against Iran. Shirgholami also stressed Iran rejects selective interpretation of international law and will never allow the Iranian people to be denied their right to peaceful nuclear energy.